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£135,000

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39C And 39D North Methven Street, Perth, PH1 5PX

Residential

flat

Occupied

4

bed

2

bath

2

reception

Tax band: B

Freehold

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Attractive Turnkey Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this portfolio of two two-bedroom tenanted flats located within a prime position in Perth.
  • Sales Evidence: **3/1, 59 North Methven Street, Perth, PH1 5PX sold for £107,500; 7b, North William Street, Perth, PH1 5PT sold for £122,500**
  • Currently occupied with a potential market rental income of £1,300pcm (£15,600 per annum), offering an excellent investment opportunity.
  • Sure to appeal to shrewd investors seeking a readily lettable, turnkey portfolio with strong income prospects and excellent long-term potential.
  • The properties enjoy a prime Perth setting close to local amenities, helping to support consistent tenant demand and lasting rental appeal.

PRIME NEW LISTING. We are excited to present this portfolio of two two-bedroom tenanted flats located within a prime position in Perth.

Each flat comprises a welcoming entrance hallway, a bright and airy living room, a well-appointed kitchen, a bathroom, and two spacious bedrooms.

The portfolio is currently tenanted at £1,300pcm (£15,600 per annum), making it an attractive turnkey opportunity for buy-to-let landlords seeking immediate cash flow from day one. Based on current market rates, the flats could reasonably achieve £700-£750 per flat per month (£8,400-£9,000 per annum), equating to a combined potential rental income of £1,400-£1,500 per month (£16,800-£18,000 per annum) if re-let. This presents an excellent opportunity for investors looking to secure a readily lettable residential asset in a strong rental location.

Sure to appeal to shrewd investors looking for a readily let portfolio attracting an excellent yield.

The properties are situated in a prime location in Perth, close to a wide range of local amenities, which adds further appeal for both tenants and landlords alike.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area: **3/1, 59 North Methven Street, Perth, PH1 5PX sold for £107,500; 7b, North William Street, Perth, PH1 5PT sold for £122,500**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Perth is a highly regarded residential location that continues to attract families, professionals and tenants thanks to its excellent balance of city convenience and attractive surroundings. The area offers a wide selection of shops, cafés, supermarkets and everyday amenities, along with well-regarded schooling and access to pleasant parks and green spaces. Transport links are a major advantage, with convenient road and rail connections making travel across central Scotland straightforward, including easy access to Dundee, Edinburgh and Glasgow. Altogether, Perth offers a welcoming setting with strong ongoing appeal for both owner-occupiers and landlords.

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10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.